ZCCM Invs.Hldgs PLC Cautionary Announcement on Mopani Mines (2646C)
16 October 2020 - 4:12AM
UK Regulatory
TIDMZCC
RNS Number : 2646C
ZCCM Invs.Hldgs PLC
15 October 2020
ZCCM INVESTMENTS HOLDINGS PLC
[Incorporated in the Republic of Zambia]
Company registration number: 119540000771
Share Code: ZCCM-IH
ISIN: ZM0000000037
["ZCCM-IH" or the "Company"]
FIRST CAUTIONARY ANNOUNCEMENT
The Board of ZCCM Investments Holdings Plc ("the Board")
("ZCCM-IH" or "the Company") wishes to advise Shareholders and the
market that the Company is in discussions with Glencore Finance
(Bermuda) Ltd regarding the future of Mopani Copper Mines Plc
("Mopani"). Glencore Finance is the major shareholder of Carlisa
Investments Corporation which in turn is the majority shareholder
of Mopani. The circumstances relating to the Company and the full
impact of the discussions are currently being determined and may
have a material effect on the price of the Company's
securities.
Accordingly, Shareholders are advised to exercise caution when
dealing in the Company's securities until a full announcement is
made.
By Order of the Board
Chabby Chabala
Company Secretary
Issued in Lusaka, Zambia on Friday, 4(th) September 2020
T | +260-211-232456
E | advisory@sbz.com.zm
W | www. sbz.com.zm
Stockbrokers Zambia Limited (SBZ) is a member of
the Lusaka Securities Exchange and is regulated
by the Securities and Exchange Commission of Zambia
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First
Issued on 4
September
2020
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